WELL Health Technologies (TSE:WELL) Shares Up 0.5% - Time to Buy?

WELL Health Technologies Corp. (TSE:WELL - Get Free Report)'s share price rose 0.5% during trading on Tuesday . The stock traded as high as C$6.64 and last traded at C$6.49. Approximately 651,875 shares changed hands during mid-day trading, a decline of 22% from the average daily volume of 835,970 shares. The stock had previously closed at C$6.46.

Wall Street Analyst Weigh In

WELL has been the topic of a number of analyst reports. Ventum Financial reduced their price target on WELL Health Technologies from C$8.00 to C$7.00 and set a "buy" rating on the stock in a research report on Tuesday, October 29th. Scotiabank increased their price target on WELL Health Technologies from C$6.00 to C$7.00 in a report on Monday, December 16th. Royal Bank of Canada raised their target price on WELL Health Technologies from C$7.00 to C$8.50 in a research note on Tuesday, January 7th. TD Securities raised their price target on shares of WELL Health Technologies from C$8.00 to C$8.50 in a research report on Tuesday, December 17th. Finally, Haywood Securities boosted their target price on WELL Health Technologies from C$8.00 to C$10.00 in a research note on Friday, December 13th.

WELL Health Technologies Price Performance

The business's fifty day simple moving average is C$6.57 and its 200-day simple moving average is C$5.28. The company has a current ratio of 1.25, a quick ratio of 1.02 and a debt-to-equity ratio of 41.57. The firm has a market cap of C$1.63 billion, a P/E ratio of 11.49, a PEG ratio of -1.93 and a beta of 1.20.

About WELL Health Technologies

WELL Health Technologies Corp. operates as a practitioner-focused digital healthcare company in Canada, the United States, and internationally. It provides omni-channel patient services and solutions to specific markets, such as provider staffing, anesthesia, gastrointestinal health, women's health, primary care, and mental healthcare.